NY
Westchester
Mount Vernon
10550
314 S 5th Street Ave
314 S 5th Street Ave, Mount Vernon, NY 10550
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Listing Type
Multi Family
Listing Status
Active
1
$1,499,999

Home Details for 314 S 5th Street Ave

Price
$1,499,999
Type
Residential Income
Bedrooms
7
Total Bathrooms
4
Full Bathrooms
4
Year built
1960
County
Westchester
Garage
2
Basement
Finished
MLS Listing#
987284
Property Description

Great Opportunity to Own a Fully Rented Mixed-Use Property! This income-producing property generates approximately $8,800/month, offering a strong and consistent return. The property features residential apartment(s), along with separately rented parking spaces and a garage generating an additional $950/month. Three recently vacated parking spaces offer further upside at $125/month each, creating multiple streams of income and immediate value-add potential. Situated on two lots, this property presents a rare opportunity for future development, expansion, or added value (buyer to verify with township). The building has been well maintained with numerous updates, including an updated basement and exterior, a new tankless water heater, and renovated apartment interiors featuring modern kitchens and updated flooring throughout. Ideal for investors seeking a turnkey property with reliable cash flow and long-term upside.

Property Features
  • Utilities
    • Electricity Connected
    • Sewer Connected
    • Water Connected
  • Cooling Information
    • Wall/Window Unit(s)
  • Heating Information
    • Baseboard
  • Water Features
    • Public
  • Parking
    • Parking Lot
  • Basement
    • Finished
School Information
School Information for 314 S 5th Street Ave, Mount Vernon, NY 10550
Elementary School
Cecil H Parker School
Middle School
Benjamin Turner Middle School
High School
Mt Vernon High School
Listing Courtesy: eXp Realty - 888-276-0630
Presented by: Jaswinder Rehal
The data relating to real estate for sale on this website comes in part from the Internet Data exchange of OneKey MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 OneKey MLS. All Rights Reserved
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Median Listing Price
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EXIT REALTY GROUP
985 Allerton Ave, Bronx, NY 10469
Office
718 319 8500
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